Vivendi says Telecom Italia stake opportunistic

Reuters

Updated 12 May 2015 at 1:49 pm

PARIS (Reuters) - European media company Vivendi's stake in Telecom Italia is opportunistic and it has no plans to re-enter the telecoms sector, the European media group's CEO said on Tuesday.

Vivendi, now focusing on pay-TV and music after selling off a series of assets over the past year, will own a 5.7 percent share of Telecom Italia and another minority stake in Telefonica Brasil once the sale of Brazilian unit GVT to Spain's Telefonica closes at the end of May.

(Reporting by Emelia Sithole-Matarise; editing by Astrid Wendlandt)

Yahoo News UK
Pensioner who worked at Clarks for 68 years given boot with two days' notice
Jill Cornick, 82, is out of work for the first time in her life after being told the Clarks shop she worked in since 1956 in Dorset was closing.
a day ago
Cosmo
Kylie Jenner just revived the naked brow trend and she looks like a woodland fairy
Kylie Jenner shares Instagram selfies of her new bleached eyebrow look for 2024. She looks so different, with the ash-blonde look.
a day ago
Yahoo News Australia
This outrageous parking problem infuriates EV drivers and I agree with them
EV drivers are copping it left, right and centre and Lollie Barr has had enough.
16 hours ago
CNN
Secret Service says agent on Harris’ detail was removed from assignment after distressing behavior
A Secret Service agent assigned to Vice President Kamala Harris’ detail was removed from their assignment after displaying behavior that colleagues found “distressing,” the agency said.
2 days ago
Parade
Millie Bobby Brown Induces Major Vacation Envy in Tiny Pink Bikini Top and Denim Shorts
Fans are totally jealous of the new 'vacay' snap.
23 hours ago
HuffPost
Ex-Trump Lawyer Spots Donald Trump’s ‘Big Mistake’ That Will ‘Make His Campaign Cringe’
“That just brings back all those bad memories about that issue," Jim Schultz told CNN's Jake Tapper.
a day ago
Yahoo Lifestyle
Kmart shoppers notice hilarious detail in popular $18 bag: 'First thing I noticed'
The tote has become an amusing topic of conversation among Kmart shoppers. Find out why.
16 hours ago
Yahoo Lifestyle
MAFS' Jessika Power has debuted a dramatic transformation
The reality star has traded in her trademark blonde locks for a fiery new look. Read more.
11 hours ago
Evening Standard
Putin army 'accelerating' advance to break Ukraine defensive line despite heavy losses, say UK defence chiefs
Ministry of Defence in London said Russian units had seized ‘several small settlements’ in the Donetsk province
a day ago
The Daily Beast
Barr: Trump Brought Up ‘Things Like’ Executing Rivals a Lot
CNNBill Barr, Donald Trump’s former attorney general who once said that voting for the indicted ex-president would be “playing Russian roulette with the country,” stood by his decision to vote for Trump in November while also suggesting that Trump used to regularly float the idea of executing his political rivals while in office.Barr made the nonchalant admission Friday during a CNN interview when anchor Kaitlan Collins mentioned former Trump White House communications director Alyssa Farah Grif
13 hours ago
Yahoo Sport Australia
NRL world slams the Rabbitohs over 'awful' move in Anzac Day defeat to the Storm
The decision has drawn serious backlash from the NRL community.
2 days ago
The Independent
Woman raped by father wins payout as police finally admit mistakes in four-decade battle for justice
Exclusive: ‘An officer said to me that “if this goes to court your name will be blackened and dragged through the mud and you will be made out to be the biggest liar and slag going”,’ says Carol Higgins
7 hours ago
Yahoo News Australia
Massive metal spikes 'cowardly' buried in popular Aussie national park track
Walkers, runners and mountain bikers have been warned to use caution when entering the park. Find out more.
a day ago
HuffPost
Harvard Law Professor Offers Scathing Summary Of SCOTUS-Trump Arguments
Laurence Tribe pulled no punches over what he described as a “shameful performance by the court.”
a day ago
Yahoo Lifestyle
Neighbours star Scarlet Vas reveals she's making a fortune using OnlyFans with stepbrother/husband
The former actress is earning up to $200k a month making content on the adult platform, sometimes featuring her husband Tayo Ricci. Read more.
2 days ago
Storyful
Dog Eats Chocolate Bar as Final Treat Before Being Put to Sleep
A man gave his dying dog a chocolate bar – a treat dogs love but that is toxic to them – as a final gesture of love before she was put to sleep on April 23.Footage recorded by Miller Hurtado Toro shows his dog Sharon enjoying the tasty sweet before she was injected with euthanizing drugsToro told Storyful that Sharon was 12 years old and had been fighting the tick-borne canine disease ehrlichiosis for two years.“We tried to take her to find more treatments, but they saw that she had lung cancer, with metastases in her lungs and liver that were making her weak from just lying down,” Toro said.“The day before yesterday, she could not get up again, and that is when I made the decision,” he explained.Toro said he had often denied Sharon a taste of chocolate as the candy is notably bad for dogs’ health, but that he thought she should try it as her final treat.“No dog should leave without first trying chocolate,” Toro said. Credit: Miller Hurtado Toro via Storyful
a day ago
NCA NewsWire
Plane crashes trying to land at airport
A man aged in his 70s has been rushed to hospital after crashing a plane while trying to land at an Australian airport.
a day ago
Yahoo Sport Australia
Andrew Johns lets rip at Taane Milne's 'woeful' act on Cameron Munster as NRL fans rage
Andrew Johns and Cameron Smith were left fuming at the Rabbitohs winger. Find out more here.
2 days ago
HuffPost
Jamie Raskin Suggests Fitting New Home For 'Partisan' Supreme Court In Blistering Take
The House Democrat named the "most astonishing" thing he heard from one justice after the court heard arguments on Donald Trump's immunity claim.
a day ago
Yahoo News Australia
Mysterious find growing in forest concerns Aussies: 'They're everywhere'
While the species is 'beautiful,' it's spreading across the country at a rapid rate, posing a huge threat. Find out more.
a day ago

Latest stories